Aker BP announces US dollar senior notes offering

Aker BP ASA has announced a private offering of US dollar-denominated senior unsecured notes under Rule 144A/Regulation S. The specific terms will be determined based on market conditions at the time of pricing. Proceeds from this offering are intended for general corporate use.

This announcement is restricted, directed primarily at "qualified institutional buyers" in the United States and "relevant persons" in the United Kingdom and EEA. The notes have not been, and will not be, registered under the U.S. Securities Act of 1933, and no public offering will be made in the U.S. or other restricted jurisdictions. No PRIIPs/UK PRIIPs Key Information Document (KID) has been prepared, as the offering is not available to retail investors.

Aker BP, headquartered in Fornebu, Norway, is an exploration and production company on the Norwegian continental shelf. It operates key field centers like Alvheim and Valhall, and is a partner in the Johan Sverdrup field. The company is listed on the Oslo Børs.